Asian stocks demonstrate mixed performance

Asian stocks demonstrate mixed performance

On Friday, Asian markets showed mixed performance because the evergreen buck wobbled having soared overnight reacting to remarks from Donald Trump.

Tokyo's benchmark Nikkei 225 index rebounded from morning revenues losing 0.06%. As for key exporters, they demonstrated mixed performance because the evergreen buck held onto moderate overnight revenues versus the Japanese yen. Meanwhile, financial names generally inched down.

Car makers turned to be mixed too. Toyota edged up 0.46% and Honda rallied 0.05%. Besides this, Suzuki Motor went down 3.23% after Maruti Suzuki India revealed that its quarterly revenue disappointed hopes.

Fanuc Manufacturing stood still, soaring no more 0.1%.

As Friday’s data disclosed, December consumer prices were steady in Japan. In December, the core consumer price index inched up 0.9% versus 2016. Excluding energy and food, prices tacked on 0.3% in November.


European stocks rally

On Friday, European equities went up, breaching a five-month maximum recorded yesterday because market participants cheered upbeat signals over US-China trade negotiations and after British lawmakers underpinned a delay of a chaotic departure from the EU…

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Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

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